Debit
1.		Excavation costs for new building		$20,000
2.		Architects fees on building plans		34,000
3.		Full payment to building contractor		666,000
4.		Cost of real estate purchased as a plant site (land $263,000 and building $24,000)		287,000
5.		Cost of parking lots and driveways		32,000
6.		Accrued real estate taxes paid at time of purchase of land		3,030
7.		Installation cost of fences around property		6,200
8.		Cost of demolishing building to make land suitable for construction of new building		31,000
9.		Real estate taxes paid for the current year on land		6,700
				$1,085,930
Credit
10.		Proceeds from salvage of demolished building		$13,000

Analyze the transactions using the following table column headings. Enter the amounts in the appropriate columns. For amounts in the Other Accounts column, also indicate the account title. (If an amount reduces the account balance then enter with a negative sign preceding the number, e.g. -15,000 or parenthesis, e.g. (15,000).)

Item		Land		Buildings		Other Accounts
1.		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount	select an account title Amortization ExpenseProperty Tax ExpenseCashLand ImprovementsDepreciation Expense
2.		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title Land ImprovementsDepreciation ExpenseCashProperty Tax ExpenseAmortization Expense
3.		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title Depreciation ExpenseCashAmortization ExpenseProperty Tax ExpenseLand Improvements
4.		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title Property Tax ExpenseDepreciation ExpenseLand ImprovementsCashAmortization Expense
5.		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title Land ImprovementsProperty Tax ExpenseDepreciation ExpenseAmortization ExpenseCash
6.		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title CashDepreciation ExpenseAmortization ExpenseLand ImprovementsProperty Tax Expense
7.		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title Amortization ExpenseLand ImprovementsCashDepreciation ExpenseProperty Tax Expense
8.		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title Amortization ExpenseLand ImprovementsDepreciation ExpenseProperty Tax ExpenseCash
9.		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title Depreciation ExpenseLand ImprovementsCashProperty Tax ExpenseAmortization Expense
10.		enter a dollar amount		enter a dollar amount		enter a dollar amount	select an account title CashProperty Tax ExpenseDepreciation ExpenseAmortization ExpenseLand Improvements
		$enter a total amount		$enter a total amount